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Another whirlwind week for cryptocurrencies is coming to an end, and of course there is no shortage of poignant stories and new, engaging narratives in the world of innovative digital currencies. This week, Elon Musk offered investment advice, SEC Chairman Gary Gensler came under fire from SEC Commissioner Hester Peirce, and Joe Rogan called bitcoin a viable currency, noting that it had the government “spooked.” Buckle up and look snappy, here’s the Bitcoin.com News Week recap.
Joe Rogan: Bitcoin is now a viable currency, and governments are freaking out
Well-known podcaster Joe Rogan, host of The Joe Rogan Experience, talked about bitcoin in a show released on Tuesday. The show features an interview with UFC light heavyweight Khalil Rountree Jr.
He noted that Bitcoin is now “a viable form of money” and that “you can actually buy things with it,” he said. “The government is freaking out.”
Lawmaker, SEC Commissioner Slam Chairman Gensler Focuses on Crypto Enforcement
Several U.S. lawmakers and a commissioner at the U.S. Securities and Exchange Commission (SEC) have expressed concerns about the securities regulator expanding its crypto enforcement arm.
“The SEC is a regulator with an enforcement arm, not an enforcement agency.”
The Federal Reserve raised its benchmark interest rate on Wednesday, the largest hike in two decades.
“Inflation is too high,” Fed Chairman Jerome Powell said after the Fed raised rates by 0.5 percent.
What are your thoughts on the top stories of the week? Let us know in the comments section below.
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